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US City Data

Palm Springs, FL

Population 26,871 · Florida

Population
26,871
Median Income
$59,602
Median Home Value
$234,500
Median Rent
$1,597/mo

About Palm Springs, FL

Palm Springs is a mid-sized city in Florida with a population of 26,871 residents. The median household income is $59,602 per year, which is near the national average. The median age in Palm Springs is 37.8 years.

Housing in Palm Springs has a median home value of $234,500 and median monthly rent of $1,597. Of the 9,822 total housing units, renting is more common than owning, with 4,135 owner-occupied and 4,592 renter-occupied units.

The unemployment rate in Palm Springs is 6.3% and the poverty rate is 12.4%. 15.9% of residents hold a bachelor's degree or higher. The average commute time is 26.4 minutes.

Cost of Living in Palm Springs, FL

Compared to national averages, Palm Springs has a median household income of $59,602 (21% below the national median of $75,149). Home values average $234,500, which is 4% below the national median. Monthly rent at $1,597 is 37% above the US average of $1,163. Within Florida, Palm Springs's income is 21% below the state average of $75,893, and home values are 34% below the state median of $353,675.

Income vs National
$59,602
National: $75,149
Florida: $75,893
Home Value vs National
$234,500
National: $244,900
Florida: $353,675
Rent vs National
$1,597
National: $1,163
Florida: $1,511
Unemployment vs National
6.3%
National: 3.7%
Florida: 5.8%

Why Live in Palm Springs, FL?

Palm Springs offers affordable housing with a median home value of $234,500, below the US average of $244,900.

Potential considerations include median household income ($59,602) that falls below the national average. However, Palm Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Palm Springs has a population of 26,871 with a median age of 37.8 years. Compare Palm Springs with other cities to see how it stacks up, or explore all cities in Florida.

Similar Cities Near Palm Springs

Cities in Florida with a similar population size.

CityPopulationMedian IncomeHome Value
Leisure City26,917$48,640$333,100Compare
Temple Terrace26,922$65,756$306,200Compare
Lutz26,731$114,516$451,800Compare
Keystone26,723$155,365$604,800Compare
Palm River-Clair Mel26,719$62,976$244,100Compare
Wright27,233$67,077$270,700Compare
Venice26,467$74,340$381,400Compare
Silver Springs Shores27,556$60,543$181,800Compare

Demographics

37.8
Median Age
13,740
Male
13,131
Female
51.9%
Foreign Born

Racial & Ethnic Composition

White11.6Hispanic/Latino1.5Black4.4Asian28.6Two or More12.4

Economy & Education

6.3%
Unemployment Rate
12.4%
Poverty Rate
15.9%
Bachelor's Degree+
26.4 min
Avg Commute

Housing

9,822
Total Housing Units
4,135
Owner Occupied
4,592
Renter Occupied

Other Cities in Florida

Palm Springs NorthAltamonte SpringsBonita SpringsCitrus SpringsCoral SpringsCrystal Springs

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Palm Springs With Other Cities

Palm Springs vs Palm Springs NorthPalm Springs vs Altamonte SpringsPalm Springs vs Bonita SpringsPalm Springs vs Citrus Springs

Frequently Asked Questions about Palm Springs

What is the population of Palm Springs, FL?

The population of Palm Springs, FL is 26,871 according to the latest Census data.

What is the median household income in Palm Springs?

The median household income in Palm Springs, FL is $59,602 per year.

What is the median home value in Palm Springs?

The median home value in Palm Springs, FL is $234,500.

What is the average rent in Palm Springs?

The median monthly rent in Palm Springs, FL is $1,597.

What is the unemployment rate in Palm Springs?

The unemployment rate in Palm Springs, FL is 6.3%.

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